Research Study On Smartphone Market & Mobile Phone Market (2010-2015)

Smartphone  :

A Smartphone is a mobile phone having more advanced computing capabilities than a basic phone. A smartphone includes features like portable media players, low-end compact digital cameras, pocket video cameras, and GPS navigation units to form one multi-use device. Many advanced smartphone also includes the functionality of high-resolution touchscreens and web browsers.Data access is provided by Wi-Fi, mobile broadband, NFC and Bluetooth. Because of its high functionality the demand for smartphones is increasing day-by-day.

Features & Application :

                        Some of the highlighting features of smartphone may include :

• Display ( 3-5+ inches )
• Audio
• Camera & Video ( Higher pixel resolution and ISO speed sensor )
• GPS Service
• Radio & Television ( FM radio )
• Popular Applications with Application Store.

Quick Review On Market Growth For Smart Phone & Mobile Phone : 
                       

                     For several years, the demand for smartphones has outpaced other products on the mobile phone market.According to a 2012 survey, around half of U.S. mobile consumers own smartphones. They could account for around 70% of all U.S. mobile devices by 2013;in the 25 to 34 age group, smartphone ownership is so far reported at 62%. For the third quarter of 2011, the NPD Group reported that in the U.S., the proportion of handset sales that were made up of smartphones reached 59% for consumers aged 18 and over.

The European mobile device market, as measured by active subscribers of the top 50 networks, is 860 million. According to an Olswang report in early 2011, the rate of smartphone adoption is accelerating: as of March 2011, 22% of UK consumers used a smartphone, with this percentage rising to 31% amongst 24- to 35-year-olds.

In China, smartphones represented more than half (51%) of all handset shipments in the second quarter of 2012.The mobile and smartphone market is experiencing high growth because of high technological development and the increasing number of users day by day.

The global smartphones market is estimated to reach $258.9 billion in 2015 from about $85.1 billion in 2010.

Global Smartphones market was one of the very few markets which remained insulated during the economic recession. The smartphones market cornered annual growth rate of 29.5% in 2009 over 2008 which further increased to 59.3% in 2010 over 2009 to reach $85.1 billion.

                  

    
  Major Driving Factors For Growth :

• High Technological Development
• Penetration Of 3G & 4G
• Exclusive Distribution Strategies
• Value-added services and subsidized data plans

for complete report on mobile & smartphone market forecast (2010-2015) check the link below:

http://www.prweb.com/releases/mobile-phone-market/smartphone-market/prweb11242089.htm